Carolina Beach, NC:
In Carolina Beach, we saw 7 properties placed PENDING this week with list prices from $117,000 to $300,000. We also saw 2 “short sale” properties placed PENDING (subject to bank approval). Of these 9, there was 1 home, 2 duplexes, and 6 condos. 3 of the 6 condos are new construction.
With regards to SALES, this week Carolina Beach had 12 closings. This is two consecutive weeks with a dozen sales. Sales prices ranged from $110,000 to $390,000. There were several short sales in this group.
The properties buyers are selecting are generally newer homes (or have been updated); those purchasing second homes tend to purchase those with water views, or within a few blocks to the beach